Clearly my pessimism is now justified, most unfortunately.
With this management team in place who don't give a damn, this company is heading for the scrap heap.
They got rid of the experienced mining men so they could move control to the outer blocks of Melbourne.
The new regime started off in July 2013 by saying the PFS would be out soon, and here we are 4 years later and we still don't have a PFS. You need reserves to have a PFS.
A good company gone bad simply to please someone's control passion.
Add to My Watchlist
What is My Watchlist?